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    2-4 Hunns Lake Rd Stanfordville, NY 12581

    For Sale
    $699,000

    Two buildings on one parcel with value-add potential.

    Lot size:
    1.13 Acres

    Property Features for 2-4 Hunns Lake Rd

    General Information

    Lot size
    1.13 Acres

    Building Details

    Year built
    1800

    Source: Compass Greater NY, LLC Agent Ryan Arket

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Asset in Stanfordville

    This property presents an opportunity to acquire an income-producing asset with value-add potential, featuring two buildings on one parcel in the heart of Stanfordville. The site spans over an acre and has frontage on NYS Rt 82. The property comprises four units, including one vacant space previously used as a commercial office, with potential for residential conversion, and three occupied residential units. The property has a history of strong occupancy and cash flow, with opportunities for additional value enhancement. The site is located near the Stanford Fire house, Bank of Millbrook, Central Hudson Gas & Electric, and town municipal offices. Updates include a new roof on the two-family building, a new hot water heater, a new oil tank, and a new well pump, along with up-to-date routine mechanical servicing. The heating fuel is oil above ground. Parking features include a 2-car detached garage.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Hair Salon Clothing Store Pharmacy Gym & Fitness Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stanfordville
    County
    Dutchess
    State
    New York
    Longitude
    -73.696208
    Latitude
    41.87297

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    FAQs

    What type of property is this?
    Mixed-use property - Two buildings on one parcel with value-add potential.
    Where is this mixed-use property located?
    The property is located at 2-4 Hunns Lake Rd Stanfordville, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Income-producing asset with strong historical occupancy and cash flow.; - Value-add potential with a vacant commercial space suitable for residential conversion.; - Two buildings on over an acre in the heart of Standfordville with frontage on NYS Rt 82.
    (845) 590-2919
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2-4 Hunns Lake Rd Stanfordville, NY 12581
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